-
7 Reasons To Sell Sterling
Sterling is set to come under strong selling pressure into the close of 2012 with a deterioration in fundamentals and fresh economic concerns. There will be a renewed GDP setback for the fourth quarter and, even if negative GDP growth is avoided, the underlying trajectory will not be strong enough to deliver a sustainable improvement in government finances. The type of perma-recession suffered by eurozone peripheral economies is not on the agenda for the UK, in part because sterling is free-floating and the strain of economic vulnerability will be taken through a weaker currency. The relative perspective will lessen ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Nov 27, 2012 2:19pm Nov 27, 2012 2:19pm
- Mcg
- | Joined Oct 2012 | Status: Member | 88 Comments
- Comment #2
- Quote
- Nov 27, 2012 2:23pm Nov 27, 2012 2:23pm
- Yao
- | Joined Aug 2011 | Status: Member | 669 Comments
- Comment #3
- Quote
- Nov 27, 2012 2:29pm Nov 27, 2012 2:29pm
- Petar_Serbia
- | Commercial Member | Joined May 2009 | 97 Comments
"Buy on fear, sell on greed !!!
- Comment #4
- Quote
- Nov 27, 2012 3:02pm Nov 27, 2012 3:02pm
- 5mintrader
- | Joined Feb 2010 | Status: Member | 2 Comments
- Comment #5
- Quote
- Nov 27, 2012 3:08pm Nov 27, 2012 3:08pm
- jaygee
- | Membership Revoked | Joined Jul 2010 | 2713 Comments